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Green Dragon Gas 6-month Loss Narrows - Quick Facts
September 1, 2010, Wednesday, 15:11 GMT | 10:11 EST | 19:41 IST | 22:11 SGT
(RTTNews) - Green Dragon Gas (GDG.L), in its interim results to 30 June 2010, said that loss before tax narrowed to US$6.29 million from US$8.00 million last year.
Loss for the period attributable to equity holders of the parent stood at US$5.46 million compared with loss of US$7.41 million last year. On a per share basis, loss was US$0.045, compared with a loss of US$0.069 in the comparable period.
Revenue for the six-month rose to US$21.46 million from US$18.72 million in the previous year.This increase was in accordance with expectations and continues to demonstrate the organic growth potential within the group.
The company said that board of directors do not recommend the payment of an interim dividend.
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